Hello traders, Microsoft in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
It is better not to talk about the general nature of this wave and only explain the counted part of the wave.
Based on the counting of the first wave 1 and 2, it has ended in a very normal state and now we are inside the third wave.
From wave 3, waves 1, 2, and 3 are completed, and now wave 4 is formed. We assume that wave 4 is formed in the form of a flat, and two waves are needed from this plate to complete, and the end point of this wave can be rough due to wave 2, which is deep. 0.23 and 0.38, and it is better to start the upward movement for wave 3 by hitting the trend line and breaking the upper side of the channel.
The target for Wave 3 is a multi-fibo collision.
If the warning sign fails, the field analysis will not go down, but will return to normal.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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Harmonic PatternsmicrosoftmicrosoftlongmicrosoftshortMicrosoft (MSFT)Trend AnalysisWave Analysis
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